Negotiations Advance Between China and EU on Electric Vehicles<\/a><\/p>\n\n\n\nIn this regard, \u201cthe European Union is the main export destination for BEVs manufactured in China and accounts for approximately 40 % of total BEV export revenues from that country\u201d, they note.<\/strong><\/p>\n\n\n\n <\/figure>\n\n\n\nPresence in the Old Continent<\/strong><\/h2>\n\n\n\nBattery electric vehicles<\/strong> manufactured in China<\/strong> have established \u201ca strong presence\u201d<\/strong> in Spain<\/strong>, France<\/strong>, and Germany<\/strong>. In fact, more than half of Spanish imports of BEVs<\/strong> come from China<\/strong>.<\/p>\n\n\n\nFor its part, the European Union’s BEV market<\/strong> has shown \u201cstrong dynamism\u201d<\/strong> in recent years. In 2023<\/strong>, BEVs<\/strong> accounted for more than 15% of total vehicle sales in the EU<\/strong> (5%, 4%, 17%, and 18% in Spain, Italy, France, and Germany<\/strong>, respectively), compared to just 1.9% in 2019<\/strong>.<\/p>\n\n\n\n\u201cMost of the BEV sales in the EU correspond to vehicles produced in the region. However, according to industry reports, the weight in total EU BEV registrations of those manufactured in China has increased from 0.4 % in 2019 to 19.5 % in 2023\u201d, they note.<\/strong><\/p>\n\n\n\nOf these BEV sales<\/strong>, some are electric vehicles sold in Europe<\/strong> by Chinese-owned brands<\/strong>, while others have joint Chinese and European participation<\/strong> or are US brands supplying European markets from China<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"A report entitled \u201cThe Rise of the Electric Car in China and its Impact on the European Union\u201d by professionals from the Bank of Italy, the Bank of Spain, and the German Federal Bank highlights that China continues to consolidate its position as the world’s leading manufacturer and exporter of battery electric vehicles (BEVs). Behind…<\/p>\n","protected":false},"author":8,"featured_media":43667,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2054],"tags":[2572,1564,1281,1489],"class_list":["post-43674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-china-2","tag-electric-cars","tag-electric-mobility","tag-sustainability"],"yoast_head":"\n
China Consolidates as World Leader in Electric Vehicle Production - Latam Mobility<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n